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20130121
20130129
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this should the level restrict our ability in life-saving medical devices. that is just healthcare. now the president is implementing his agenda. we will see that the benefits are far less than advertised. the costs of this agenda are huge. we spend when chilean dollars more than we take in each year. we cannot keep that up -- we spend $1 trillion more than we taken each year. we cannot keep that up. that is a moment where our economy stalls. we will have to convince the country to change course. we had to reform entitlements. we had to revisit the healthcare law. clearly president obama does not want us to get that chance. he want his last two years to look just like his first two years of his presidency. it was to perpetuate progressive government for at least a generation. why? he thinks it is the right and to do. to do that, he needs to delegitimize the republican party and house republicans, in particular. he will try to divide us. he will try to get us to fight with each other, question each other so we do not challenge him. if we play into his hands, we will betray the voters who
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understand it was the fastest growing area of spending, rising health-care costs. we need to change the way we pay for health care in this country so its value-based and no longer volume based. would that help improve the fiscal outlook if we could make that conversion to a different payment system? >> yes. i do not want to speak for my bosses. we are coming out with a report where we look specifically at this question. one of the areas we focus on, we have to look away from the payment system to a more orderly system and moved it away. we believe that will help control costs overall in the medicare area. that also, since 50% of health care -- i knew you were involved in that work. a comparable bowl record is coming up. i appreciated mr. brady's comment. moving to equality-based reimbursement system. that will be key to the fiscal outlook. there is a lot we could follow up on. thank you for this during -- hearing. >> recognized for five minutes. >> thank you. i have been listening to this testimony all afternoon and i have to say, i am embarrassed to hear some of the comments that have been
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